Assessment of the place of the russian Federation in the global financial market

Author:

Danilov Y.1

Affiliation:

1. Russian Presidential Academy of National Economy and Public Administration

Abstract

The article presents the results of the study that assesses the place of Russia in the global financial market. The current ratings of the global competitiveness of national financial markets and financial centers are based on objective and subjective assessment of the competitive factors. Our approach is based on objective indicators, characterizing the results of the competition, including the proportion of countries in the global financial market, P/E, and others. The article presents the results of calculations of Russia’s place in the global financial market, based on which the conclusions about the causes of the loss of positions, weak links of the Russian financial market, competitors success factors are made.

Publisher

NP Voprosy Ekonomiki

Subject

Economics and Econometrics,Finance

Reference14 articles.

1. Buklemishev O., Danilov Yu. (2015). Economic leadership and “leadership rent”. Mirovaya Ekonomika i Mezhdunarodnye Otnosheniya, No. 10, pp. 5—17. (In ¬Russian).

2. Buklemishev O., Danilov Yu. (2016). Modern trends in the institutional structure of financial regulation. Moscow: Izdatelstvo Moskovskogo Universiteta, [forthcoming]. (In Russian).

3. Danilov Yu. (2016). The experience of the financial markets reform in Russia’s competing countries in the global capital market. Moscow: Gaidar Institute Publ. (In ¬Russian).

4. NAUFOR (2008). The Russian stock market and the creation of an international financial center. The ideal model of the Russian stock market in the long term (until 2020). Moscow: Russian National Association of Securities Market Participants. (In Russian).

5. Porter M. (1993). Competitive advantage of nations. Moscow: Mezhdunarodnye Otnosheniya. (In Russian).

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